You should start trading cryptocurrency by learning what cryptocurrency represent, the ideology and the uses and future development and growth plan of the coin you are investing into. In addition to learning about cryptocurrency, you should also learn technical analysis and how to use chart to predict the market movement so you could position yourself for profit.
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Cryotocurrency market is completely open and manipulation is not peculiar to cryptocurrency alone, this type of trading behaviour exist in every market! It is also important to use diverse tools in assessing the market. TA is no just enough, you must know the fundenmental behind the coin been traded!
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It is completely safe to import your private key correctly into genuine folkdelta website for trading of your token and other trading activities. Decentralized exchange is relatively safe since you will be trading with smart contract.
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Mining in bear market is rarely profitable and trading during bear market is not profitable as well. My take however is to buy high quality coin at ridiculously low price, this will position you for a good trade when the market recovers and become profitable again.
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I will recommend bitcoin ethereum, Neo! These mentioned coin have utility and functionalities that people need both in cryptocurrency trading and investing activities and real world uses. Bitcoin connect people financially and ethereum is like big computer that anybody can use to create all kinda of service and that goes for Neo too!
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There is no better truth than the statement on the heading of this thread. If market is losing money in terms of capitalisation, you should know that sooner or later every coin eventuality going to lose money as well. Bitcoin is the most singular factor in the market that affect price across board!
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If you are looking for margin trading and investing in cryptocurrency, you must have a lots of funds to move your trade and Mike your trade smoother! Where you trade is another big factor that will affect your bottom line. Centralized exchange are faster but high risk, decentralized exchange are safer but low risk!
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For a beginner going to trade cryptocurrency, you must learn what cryptocurrency is all about. The depth of your knowledge will create clear understanding of how cryptocurrency works. In addition to cryptocurrency knowledge, you should learn how to identify fundenmental and technical factors that will have a bearing on short to long of your holding!
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Patience is the first lesson that must be learned in cryptocurrency inverting. You must have a plan and stick to it no matter what. I will assume that you are going to do a lots of solo trading, if it is so, you must learn how to write everything down, it will save you a lots of stress!
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Investment in bitcoin have been proven to be better than traditional asset like stocks. Bond or other banking offers. I will recommend you buy Bitcoin. If you buy Bitcoin, you would gotten three bitcoin and half for a price of one had it been you bought Bitcoin in December last year. So, hurry and buy Bitcoin!
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Cryotocurrency profit is not 24/7 , 360 days in a year. You can't always have a profitable trade. But you can have Successful trade every now and then, again and again. Don't plan on daily profit, plan on maximising your profit daily!
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In addition, If you trading profitably you will still have to wait to maximise your gain as you trade progess. Been patient and calm put you in a position where time to profit is well utilised!
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One thousand dollar is the reasonable amount of money that can bring decent profit if and when you make profit. If you trade with the sum below, you effort at trading may be wasted!
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Been greedy is essential to making reasonable profit on your trading and investment otherwise, One would have just settle for stipend and that would not have made any difference in one's finances!
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Bitcoin is looking like wishes and dreams! The year is running to an end and what bitcoin price has to show for it is seven thousand dollars in the market as a price of one bitcoin. Let's hope will break $10000 before the end of the year!
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If your trading is repeatedly ending in losses to your portfolio, it will be wise for you to stop trading until the market stabilise and possibly in upward trend. Bearish market trading always lead to losses!
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Social media tips on cryptocurrency trading and investing activities can be beneficial, but most time, those advice are essentially selfish and deceitful! It's Important to compare and contrast different opinions before making any decision !
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Bitcoin is the best cryptocurrency you could have and you must have as a cryptocurrency investor. There are many Altcoin that falls into 'you must have' category: Ethereum, Litecoin, dash are very good sktoin
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ICO investment for me is an all season affair. You really don't know which of your investment in ICO will really take off and pay off for the losses incur on other ICO investment. The winner ICO always emerge every now and then!
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The mistakes that new traders usually do in the market of cryptocurrency has to do with responding to every price actions in the market. For example, you see a lots of sellers when the prices are down , this create more pressure on the price and cause the price to dump more!
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